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Topic: new holder of panic - page 18. (Read 2185 times)

sr. member
Activity: 728
Merit: 250
March 09, 2018, 09:48:00 PM
earlier this year I tried to hold some coins and tokens but saw the market and the exchange getting downhill, what is the best move to sell it or hold it?
Those are the kind of decisions that can make or break a trader, whatever you decide is going to affect might the size of your bankroll in just a few weeks or months, if the coins you are holding are any good then you should probably hold but if you're holding speculative coins it could be better to sell.
full member
Activity: 448
Merit: 106
quarkchain.io
March 09, 2018, 05:55:23 PM
If you are an experienced trader, you should understand that now is a good time to buy several tokens at a good price. If you are a beginner, you panic and sell.
sr. member
Activity: 798
Merit: 263
March 09, 2018, 04:51:20 PM
Crypto market seems to have bottomed again today. Bitcoin is back above $9K and need to
go above $10K next week to confirm it. Great buy-the-dip time for most coins.
sr. member
Activity: 784
Merit: 272
March 09, 2018, 04:37:49 PM
New and young investors are very hasty. No pain no gain. Only the patrons will win.
newbie
Activity: 224
Merit: 0
March 09, 2018, 04:31:18 PM
You should not be selling it right now. This way you lose a lot and there is big upswing potential for crypto in the future. Iron hands my friend.
full member
Activity: 554
Merit: 100
March 09, 2018, 04:16:58 PM
earlier this year I tried to hold some coins and tokens but saw the market and the exchange getting downhill, what is the best move to sell it or hold it?

If you sell your coins now its non sense because you buy your coins in the high value but you sell it in lower value so it means you are one of the panic seller.The falling ddown of value was normal because of the fluctuation and this is not stable so that the best thing that you need to do was wait or hold dont sell it because the value was rising again this is not stable into the lower value.
sr. member
Activity: 464
Merit: 250
March 09, 2018, 03:48:08 PM
It’s very usual to panic in that kind of situations when you are new to crypto. Panicking never helps you. If you sell your coins right now , you will regret it couple of weeks later becase this will end in couple of weeks or month. Coins will start going up and even higher than before. So stay calm and stop looking at your Blockfolio for a while. It won’t help.
newbie
Activity: 18
Merit: 0
March 09, 2018, 02:27:39 PM
But the dip there are so many bargains out there
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN
March 09, 2018, 12:58:52 PM
i think if you already spent too much on altcoins investing but the price now too low to sell, the market is recovering very slowy, you should know holding in this time will be the choice for newbie, because a new guy dont have much experience on chosing a good time to trade cryptos, i believe they will panicly sell all of their coins as soon as the price fluctuative, SO we should learn to wait for a little long to see the price becomes stable in the future.
beginners always fall victim to the price decline btc / altcoin, panic beginners to profit for others,
I always wait for the decline and ready to nip at the bottom price
sr. member
Activity: 854
Merit: 262
March 09, 2018, 12:22:57 PM
you hodl panic coin?
full member
Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
March 09, 2018, 12:04:15 PM
i think if you already spent too much on altcoins investing but the price now too low to sell, the market is recovering very slowy, you should know holding in this time will be the choice for newbie, because a new guy dont have much experience on chosing a good time to trade cryptos, i believe they will panicly sell all of their coins as soon as the price fluctuative, SO we should learn to wait for a little long to see the price becomes stable in the future.
full member
Activity: 574
Merit: 139
March 09, 2018, 11:39:10 AM
earlier this year I tried to hold some coins and tokens but saw the market and the exchange getting downhill, what is the best move to sell it or hold it?
I already sold all my altcoins and tokens and only thing I regret is that I didn't sell them earlier when their price was higher. You should do what you think it is best to do, if you think that they won't increase their value sell them, if you think they will rise hold them, other than this I am not sure anyone can give you good advice.
member
Activity: 252
Merit: 10
March 09, 2018, 11:16:44 AM
earlier this year I tried to hold some coins and tokens but saw the market and the exchange getting downhill, what is the best move to sell it or hold it?
Unfortunately, now there is a huge recession in the market of crypto-currency in general. Therefore, altcoins fall in price as soon as they go to large stock exchanges. Nobody wants to keep them on their hands, everyone sells.
member
Activity: 148
Merit: 10
March 09, 2018, 10:54:56 AM
relaxed, if current market prices go down then hold first until later the price up again. If you always like panic selling when the price goes down then up whenever you will never get a profit from coin and token.
yes try to calm down and momentarily forget the market, may i ask if you ever experienced the same thing like this? and which do you often do when you get paid to sell directly or hold it?
member
Activity: 434
Merit: 14
March 09, 2018, 09:41:11 AM
The worst time for sales right now..If you do not need urgent cash, you should not sell..
Another method ; If you anticipate further decline, sell now and take it from a lower level.
hero member
Activity: 1190
Merit: 500
March 09, 2018, 09:31:40 AM
earlier this year I tried to hold some coins and tokens but saw the market and the exchange getting downhill, what is the best move to sell it or hold it?

That's what happen when you did not do your own search before holding any coins/tokens because when the market is going down you starting to doubt your coins/tokens if gonna rise it again or stay at low price. But if you done your own search and you really believe on that coins/tokens you bought I doubt you will go to panic sell it because I know you believe on it that's why you bought it.
I think the price drop is not happening on 1 or 2 coins only. almost all the coins in the cryptocurrency market have fallen in price. as well as bitcoin. so it's not fault of our analysis and research but other factors that make crypto market go awry. for now we have to be more careful to purchase. find the right time to buy because the downward trend is still happening right now
sr. member
Activity: 518
Merit: 250
March 09, 2018, 07:52:08 AM
For me the best way to deal with coins like that is to just hold them for a year and see if it is profiting within that timeframe. Once I reach that goal, whatever the profit I get I will have to decide if I have to sell it or continue to keep it for a much longer term kind of investment.
jr. member
Activity: 546
Merit: 4
March 09, 2018, 07:45:26 AM
I think imi the right moment to hold your altcoin. Altcoin in a few days even the next few weeks. Do not rush to sell it now, Moreover to panic. This is what can cause you not to get big profits.

 Do not worry about the fall in altcoin prices. That is a common occurrence in the world of cryptocurrency. So hold your altcoin for a few weeks or months ahead. So slowly altcoin prices will return to normal, even rose drastically.

That's all my opinion. thank you
newbie
Activity: 364
Merit: 0
March 09, 2018, 07:19:07 AM
To sell now there is no sense. You can consider the option to transfer money to another coin, a stronger one
hero member
Activity: 980
Merit: 506
March 09, 2018, 06:51:20 AM
If you are really down, you have no choice but to hold it (considering that its a good coin) and wait for a better position to sell. Each has its own cycle in the market. You may want to continue honing your skills in trading and investing while waiting.
Which coin you are holding also plays an important role to decide whether you should hold the coin or just sell it and sit on the lose. Many coins out there are scam and many are just manipulations of prices, you will never know if they will even rise again once they have fallen.

If you have good potential coins, hold it for dear life until you are in profit and don’t sell in lose cause you know that it will rise for sure as the project in great, but if the coin is just some random one from an exchange, better hurry and sell cause there are pretty less chances of it recovering again. Although before taking any decision, do your own research. Your coin, your decision.
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